NIL and the new NCAA

[Siouxperfan7]

NCAA proposing new college athletics subdivision rooted in direct athlete compensation

https://sports.yahoo.com/ncaa-proposing-new-college-athletics-subdivision-rooted-in-direct-athlete-compensation-145051537.html

“Entry into the subdivision requires a school to invest, at minimum, $30,000 per year per athlete into what is termed an “enhanced educational trust fund” for at least half of a school’s countable athletes. Schools would determine when athletes receive the amount, which, for four-year athletes, will total at least $120,000. Schools must continue to abide by the framework of Title IX, assuring that 50 percent of the investment be directed toward women athletes.”

[fightingsioux4life]

Is this the P5-G5 split I predicted several years ago? What shockwaves will be generated from this that will impact schools in all current Divisions/Subdivisions?

[The Sicatoka]

The "playahs" and the "pretendahs" will be separated like sheep from the goats. 

[DamStrait]

9 hours ago, fightingsioux4life said:

Is this the P5-G5 split I predicted several years ago? What shockwaves will be generated from this that will impact schools in all current Divisions/Subdivisions?

You and several million others - hardly an unique take.

[fightingsioux4life]

2 hours ago, DamStrait said:

You and several million others - hardly an unique take.

It isn't a unique take, you are correct. But some people still believed it would never actually happen.

[The Sicatoka]

It would never happen until the money drove it to happen.
We're there. 

[Shawn-O]

https://footballscoop.com/news/this-wild-nil-idea-involving-live-in-game-donations-might-just-work

Interesting idea, and not that far fetched.   

[farce poobah]

https://www.nbcsports.com/college-football/news/proposal-to-create-new-tier-for-big-money-college-sports-is-just-a-start-ncaa-president-says

 One of the better elements of this IMHO is allowing athletic departments to operate NIL programs.  Allows for comprehensive oversight, as well as integrated marketing.  

[nodakvindy]

I'm wondering when someone is going to really start digging into the financials of all college sports and realize its about as legitimate as FTX.  All this supposed revenue and yet still relying on student fees, institutional aid and massive outside donations.  All the regular student saps that are racking up loans might eventually wonder why they are carrying the mail for "student athletes".  Hopefully the tax man is making sure Uncle Sam gets his cut of the NIL money that is getting thrown around these days. Taxpayers shouldn't be footing the bill to run minor leagues for the NBA and NHL.

[Sioux>Bison]

1 hour ago, nodakvindy said:

I'm wondering when someone is going to really start digging into the financials of all college sports and realize its about as legitimate as FTX.  All this supposed revenue and yet still relying on student fees, institutional aid and massive outside donations.  All the regular student saps that are racking up loans might eventually wonder why they are carrying the mail for "student athletes".  Hopefully the tax man is making sure Uncle Sam gets his cut of the NIL money that is getting thrown around these days. Taxpayers shouldn't be footing the bill to run minor leagues for the NBA and NHL.

I was a told once I shouldn’t get an opinion on keeping the Sioux logo because I wasn’t a student athlete and that it wouldn’t affect me. I reminded him that my students fees fund his non revenue sport…….honestly never been a fan of non revenue sports, want to play them do it on your own dime!

[SIOUXFAN97]

https://www.espn.com/mens-college-basketball/story/_/id/40137329/great-osobor-transferring-washington-big-nil-deals

nosy parkers!

it's almost like uw wanted this number to get out to show how deep their pockets are..........

[HoopsFan03]

11 minutes ago, SIOUXFAN97 said:

https://www.espn.com/mens-college-basketball/story/_/id/40137329/great-osobor-transferring-washington-big-nil-deals

nosy parkers!

it's almost like uw wanted this number to get out to show how deep their pockets are..........

How dare they post how much money he is making in NIL!!!!

I would be pissed if I was that kid! 

[The Sicatoka]

The IRS is taking notes. 

[nodakvindy]

5 hours ago, HoopsFan03 said:

How dare they post how much money he is making in NIL!!!!

I would be pissed if I was that kid! 

You want be a pro athlete expect to be treated like one. 

[SIOUXFAN97]

9 minutes ago, nodakvindy said:

You want be a pro athlete expect to be treated like one. 

context nodak...he was kidding. he was on my side about how these numbers are good for the school to be released and if you are the kid once you make 2million your junior year and you make all american.............EVERYONE knows you new number ......................................

[petey23]

https://www.instagram.com/reel/C7KlmL9P6tr/?igsh=eHFtNndzYTg5MXcx

[cberkas]

So, he never actually had a deal with Miami but lost out on $9.5 million. The Florida deal of 13.85 million was also never signed but feels he's owed the $13.85 million. The whole deal sounds like it was only for $1.5 million to sign his NLI. Sounds like a handshake/verbal agreement.   

Also, couldn't win the starting job at ASU this spring and jumped ship to Georgia. 

[cberkas]

 

[HoopsFan03]

24 minutes ago, cberkas said:

 

Shame on UNLV for what they did!!

Especially the assistant coach that made all the promises and didn't deliver!!

For Matt, how do you have a 6 figure deal and not make them provide some sort of contract???

[Siouxperfan7]

The NCAA needs to regulate NIL immediately.  This is getting way out of hand.  Went from "Hey I should get a percentage of money for my picture on a billboard or a jersey with my number on it" to "How many millions will you give me to be the starting QB there.  I'll let you know what others schools offer" The NCAA regulates even the smallest little things of what a student athlete can and cannot do, but they can't do anything about NIL.  Pathetic.

[fightingsioux4life]

9 minutes ago, Siouxperfan7 said:

The NCAA needs to regulate NIL immediately.  This is getting way out of hand.  Went from "Hey I should get a percentage of money for my picture on a billboard or a jersey with my number on it" to "How many millions will you give me to be the starting QB there.  I'll let you know what others schools offer" The NCAA regulates even the smallest little things of what a student athlete can and cannot do, but they can't do anything about NIL.  Pathetic.

I think Congress needs to get involved. The NCAA is a national entity and thus needs to be regulated nationally.

[fightingsioux4life]

20 minutes ago, HoopsFan03 said:

Shame on UNLV for what they did!!

Especially the assistant coach that made all the promises and didn't deliver!!

For Matt, how do you have a 6 figure deal and not make them provide some sort of contract???

They'll reap what they sow.

Word will get out that UNLV doesn't keep its word.

Natural consequences are the most effective.

[tnt]

7 minutes ago, fightingsioux4life said:

They'll reap what they sow.

Word will get out that UNLV doesn't keep its word.

Natural consequences are the most effective.

Hey, getting paid off in Vegas is always an iffy proposition!

[fightingsioux4life]

25 minutes ago, tnt said:

Hey, getting paid off in Vegas is always an iffy proposition!

Good point. 

[zonadub]

1 hour ago, fightingsioux4life said:

I think Congress needs to get involved. The NCAA is a national entity and thus needs to be regulated nationally.

The government (courts) caused this.

Remember Regan’s 9 scariest words…

I’m from the government and I’m here to help.